Overview

Project stage

Beta version

Detailed description

The Block Collider is a new blockchain enabling true multi-chain transactions, swaps, and scheduled functions. Ludicrously fast and 100% decentralized the Block Collider does not suffer from the same “decent centralization” or validator vulnerabilities of other multi-chains like Polkadot or Cosmos. This technology is made possible through a new mining algorithm called Proof of Edit Distance which consumes blocks from other blockchains to create its own blocks. The resulting “final chain” will become ground truth for the crypto currency ecosystem launching with interoperability between Bitcoin, Ethereum, NEO, Counter Party, Lisk, and Waves.

the Block Collider multichain will launch with five compatible blockchains running on technology created to work across hundreds. A sixth hidden chain will also be added to be revealed at a later date. The addition of new chains is decided through a democratic community-led governance process.

Problem

When you visit a web page it doesn’t matter what server sent you the page or what internet provider served you the data. However, with blockchains this is not the case, each blockchain becomes its own island which makes developers and consumers use centralized exchanges or limited atomic swaps. Every blockchain requires custom integration of each protocol which slows innovation and increases the chance of vulnerabilities.

Solution

The team believes you should be free to switch between blockchains without any friction or centralized exchange. Beyond trading you should be able to plug and play any feature from any blockchain without sacrificing decentralization, paying exorbitant fees, or waiting hours - even days - for chains to download. We see a future where an application might run on parts of different blockchains in parallel depending on leveraging the particular feature or functions of each blockchain.

Features

With the adoption of Block Collider’s multichain technology:

transactions and smart contracts can initiated or executed by smart contracts on other blockchains;

secure transactions can be bridged between blockchains without "witnesses", "trusted nodes", or centralization of any kind;

transactions between chains can be sped up beyond the speed of either bridged chain;

smart contracts can be guaranteed to execute automatically;

distributed application developers can modularly combine exotic features from blockchains across the ecosystem;

distributed application developers can build in the capability to load-balance work between chains.

All of these features can occur without code changes to any of the bridged chains — the system is designed to be compatible with the existing ecosystem. Moreover, with its quick block times, and with the drastic deduplication of work that its architecture provides, the Block Collider makes an exceptional platform upon which to build truly decentralized systems.

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Token details

Token symbol
? Token symbol — a shorten token name. It is used during an ICO and after the coin listing at the cryptocurrency exchanges. :EMB

Fundrasing target ? Fundraising target — the maximum amount of funds to be raised during an ICO. When it is reached, the developers stop selling the tokens because they do not need to raise more money for the project development. : 7,000,000 USD

Token type ? Token type — a platform for a startup launch that influences the stability of blockchain operation, the speed of transactions and the fees. :Own blockchain ()

Soft cap ? Soft cap — the minimum amount of funds to be raised for the project development. Sometimes when the soft cap has not been reached, the money is returned to the participants. : NA

Role of token ? Role of Token — type of token depending on the opportunities it offers to its owner. Utility tokens give their owners a right to use the project services, security tokens are aimed at bringing profit, and currency tokens are a money substitute. :Currency token

Total supply ? Total supply — a total amount of tokens that will be released by the developers. :300,000,000 EMB

Escrow agent ? Escrow agent — a qualified agent who has the right of signature in a multisig wallet. An escrow agent participates in an ICO, monitors the financial operations of the developers and confirms their fairness. :No

Tokens for sale ? Tokens for sale — the number of tokens offered to the participants of an ICO. :NA

Whitelist ? Whitelist — a list of participants, who get an opportunity to buy tokens. To be whitelisted, you need to register on time because the number of participants and the registration period are usually limited. :Whitelist Closed

Additional emission ? Additional emission — an additional release of tokens. It can be done once after the crowd sale or on an ongoing basis. In the projects with a limited emission there is no additional emission. :No

Exchange listing ? Exchange listing — an assumed date when the token will be listed at a cryptocurrency exchange. The developers usually indicate it in a roadmap and a white paper. :NA

Accepting currencies ? Accepting currencies — cryptocurrencies and fiat currencies that can be used for buying the project tokens. :BTC, ETH,

Can't participate ? Can't participate — the countries where it is prohibited to buy tokens. These can be countries where ICOs are prohibited altogether, or countries that have the requirements that a particular project does not meet. :No

Know Your Customer (KYC) ? Know Your Customer — a verification procedure for ICO participants, during which the developers can ask for personal data, a photo and a scanned copy of a passport of a potential investor. :Yes

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